4:31pm: The Mariners confirmed the deal via press release.
8:57am: The Mariners and Franklin Gutierrez are in agreement on a one-year, $1MM contract, according to Enrique Rojas of ESPN Deportes (Twitter links). The Octagon client can earn an additional $2MM via incentives, according to Rojas, who adds that Gutierrez's incentives begin when he reaches 250 plate appearances That milestone would net him an additional $200K.
Gutierrez posted a .248/.273/.503 in 141 plate appearances in 2013 -- his age-30 season. A pair of hamstring injuries shelved Gutierrez for the majority of the season, marking the third straight year in which injuries have caused him to spend more than 60 games on the disabled list. Since Opening Day 2011, Gutierrez has appeared in 173 games but missed 283 games while on the disabled list.
When healthy, it's tough to deny his upside, however. The veteran inked a four-year, $20.5MM extension with the Mariners after an outstanding 2009 season in which he batted .283/.339/.425 with 18 homers, 16 stolen bases and turned in the best center field defense in the game, all totaling a stellar 6.0 WAR. Following his injuries, the Mariners made the obvious call to decline the $7.5MM fifth-year option on that contract in favor of a $500K buyout.
Gutierrez will join an outfield mix that currently includes Dustin Ackley, Michael Saunders and recent signee Corey Hart, though Seattle has other options on the 40-man roster such as Abraham Almonte, Xavier Avery and Carlos Peguero. The team has also been linked to both Nelson Cruz and Shin-Soo Choo as GM Jack Zduriencik looks to bolster a perennially low-scoring offense.
Jon Paul Morosi of FOX Sports first reported last night that the Mariners and Gutierrez were nearing a new contract.